CALGARY, June 22, 2018 /CNW/ - : Eagle Energy Inc. has completed its second horizontal well in North Texas. It was drilled approximately 12 miles south of Eagle's initial horizontal well to assess the extent of this play. The well has been on production for less than 30 days and is currently producing 84 barrels of oil per day. Although oil [...]
CALGARY, May 10, 2018 /CNW/ - : Eagle Energy Inc. is pleased to report its financial and operating results for the first quarter ended March 31, 2018. As a reminder, Eagle's annual general meeting will be held on June 26, 2018 at 10:00 a.m. at Altius Centre, 2nd Floor, 500 - 4 Avenue SW, Calgary for shareholders of record on May 14, 2018. When [...]
CALGARY, April 30, 2018 /CNW/ - : Eagle Energy Inc. is pleased to announce that it will hold its annual general meeting on June 26, 2018 for shareholders of record on May 14, 2018. Eagle also announces that it has entered into a customary director nomination and standstill agreement with Kingsway Financial Services Inc. and Larry Swets, Jr [...]
CALGARY, March 20, 2018 /CNW/ - : Eagle Energy Inc. is pleased to report its financial and operating results and its reserves information for the year ended December 31, 2017. Reflecting on Eagle's performance in 2017, Wayne Wisniewski, President and Chief Executive Officer, commented, "Eagle closed out 2017 with strong reserve metrics [...]
CALGARY, Alberta, Feb. 08, 2018 -- : Eagle Energy Inc. is pleased to announce that it has sold its oil and gas interests in the Salt Flat field located in Caldwell County, Texas for approximately $CA 33.3 million cash, subject to customary post-closing adjustments. The transaction is being simultaneously announced and closed with a private [...]
CALGARY, Alberta, Dec. 19, 2017 -- : Eagle Energy Inc. is pleased to announce that, one month after initial production, the oil, natural gas and natural gas liquids rates from its first North Texas horizontal well continue to perform at budgeted levels. Currently, the well is producing 450 barrels of oil equivalent per day . Wayne Wisniewski [...]
CALGARY, Alberta, Dec. 07, 2017 -- : Eagle Energy Inc. is pleased to announce that Mr. F. Wayne McWhorter will be appointed as a director of Eagle on January 1, 2018. Mr. McWhorter’s appointment will fill the vacancy on Eagle’s board of directors created by the upcoming retirement of Mr. David Fitzpatrick, Eagle’s lead independent [...]
Eagle Energy Inc. is pleased to announce initial production test results from its first North Texas horizontal well. Currently, the well is producing 527 barrels of oil equivalent per day and is exceeding Eagle's forecast presently built into its 2017 full year average production guidance. Oil rates have continued to increase as more frack fluid [...]
CALGARY, Alberta, Nov. 09, 2017 -- Eagle Energy Inc. is pleased to report its financial and operating results for the third quarter ended September 30, 2017 as well as changes to its board of directors . Wayne Wisniewski, Eagle’s President and Chief Executive Officer, stated, “At our annual general meeting in June, we laid out two [...]
Eagle Energy is pleased to update its shareholders regarding operations and ongoing cost reduction initiatives, as well as to announce a proactive amendment to its loan agreement. Eagle has worked with its lender to relax one of its four financial covenant thresholds in recognition of prevailing low oil prices. As a result, Eagle expects to be [...]
Eagle Energy is pleased to report its financial and operating results for the second quarter ended June 30, 2017 as well as provide an update on additional cost reduction initiatives. Richard Clark, Eagle's Chief Executive Officer, stated, "I am pleased with our technical team's progress toward commencing drilling on our North Texas asset. We now [...]
Eagle Energy announced today that dissident shareholders Kingsway Financial Services Inc. and Daniel Gundersen have discontinued their court application against Eagle. As previously announced, the dissident shareholders commenced a court application alleging that Eagle's annual general meeting on June 27, 2017 was improperly conducted. After the [...]
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